Weekly chart showing a classic C&H with a 26c target price.
NVA playing out Reverse H&S followed by Bullish Flag breakout of the formation. The flag formation has a target price of 8.3c.
EMV has seen continued absorption of shares following its recent rerate. With such a tight register and significant demand, coinciding with the resumption of the clinical trial, MRFF Stage 2 fund grant bids nearing completion (potential massive grant up for grabs that EMV has already successfully obtained stage 1) EMV is well poised to continue its upward trend....
As the title suggests, BGT continues to form a reverse H&S.
BGT has just recently signed a partnership with Clarke - Public Health Mosquito Control and Aquatic Service company, a multi billion dollar world leader in their field. This partnership has validated the massive potential BGT's new mode of action holds. The recent announcement was met with some opportunistic selling / distribution however volume has begun...
EMV continues to demonstrate the lack of selling pressure post panic selling given macro global economic events. Hitting bottom of 40c some lucky punters picked a superb bottom and have since watched the price healthily appreciate through 2 continuation patterns. EMV's cash backing and potential for winning a undiluted funding through 2nd stage Medical Research...
The past several sessions have seen significant fear based selling as the C&H formation failed its handle. Unfortunate timing for the continuation pattern to be affected by the macro economic conditions. I would suspect that some of the supply that made it's way into the ask was from the 74c capital raise that took place late last year. The bottom may have been...
BGT failed its contiunation of the falling wedge breakout last week due to macro economic conditions as did many stocks globally. BGT appeared to hit bottom as the fear selling was mostly absorbed. The 14.5c gap (Red dotted lines) was filled and promptly bounced back to 16.5. R% back into the oversold territory and with the macro markets bouncing globally BGT...
EMV has continued to impress with a tight capital structure and overwhelming demand. Capital Raise loose stock has been mostly absorbed in its pull back from $0.99 back down to $0.66. Once supply dwindled it was quite clear the bulls are fully in charge of the EMV trend. A C&H formation with a cup spread of 33.5c and what appears to be handle forming the last...
BGT once again has returned into its 17c support channel, and is shaping up to breakout this week of the falling wedge pattern. Diminishing volumes and stifled seller pressure was met with an urgency in buying in the last few sessions which saw supply thinning and subsequent price increase. R% was approaching the oversold territory for most of the pull back and...
BGT showing it has broken from it's falling wedge pattern.
$RBR continues to show a bullish flag range bound between 2.1c and 2.6c with a target price 4.1c
Emvision was out of the gates with an incredibly tight capital structure. Mkt cap $22.45M Ordinary fully paid shares 57,578,750 Options exercisable at $0.35 each 7,500,000 expiring on 31 Dec 2021 Performance Rights 6,000,000 $emv showed strength from day naught, and proceeded to demonstrate significant demand for the miniscule free float. A brief forced pull...
With a Market Cap of ~$12 million and cash in hand of $5.3 million, and prospective multi-billion dollar customers trialling their product, this spec is highly undervalued. Falling wedge pattern with next to no volume exchanging hands below 11c. Safe entry here IMO. DYOR
TYM low volume pull back showing a good deal of seed/ipo shares have been absorbed above the IPO price line. No currently rebasing between 20-23c range.
FLC flagging continuation pattern with a potential target price of 80.5c
With another major government contract under their belt in the last month along side the MKM acquisition and continuing ALC fundamental growth, the chart's technical's are starting to really line up. Major resistance points at 7.4c 9.3 and 10.5. Flag with a price target of 8.2c will need sustained volume to clear overhanging stock in the mid 7's. Looking pretty...
After a few failed breakouts, will this finally be the breakout that FLC needs to escape its nearly 10 month down trend.